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please show work and label answers thankyou i would appreciate if you did all parts but if not possible can you do part 1,4,5 Part
please show work and label answers thankyou i would appreciate if you did all parts but if not possible can you do part 1,4,5
Part III. (32 points). On January 1, 2022, Rahman Co. issued five-year bonds with a face value of $100,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31. Assume that the bonds were sold to yield 6%. Instructions: 1. Compute the amount of cash Rahman Co. received on 1/1/2022 (6 points). 2. Prepare an amortization table for 2022 through 2026 for the bonds. Assume amortization is recorded on interest payment dates ( 16 points). 3. Give all journal entries Rahman Co. entered for the year 2023 (4 points). 4. Show how the bonds were shown on the Balance Sheet of Rahman Co. on 12/31/2022. (4 points). 5. What will be the maturity value of the bonds on 1/1/2027 ( 2 points) Step by Step Solution
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